All Features Entries
Monday, August 01, 2011
Which carriers and third-party logistics providers are held in high esteem in terms of service performance? our readers have cast their votes, and now it’s time to reveal the winners of the coveted Quest for Quality awards.
The prime objective for all supply chains is to provide clients with what they want, when they want it. Inventory management plays a central role in every supply chain’s need to satisfy its clients.
When all is said and done, history may reveal that the Great Recession was cruelest to the carriers that make up the national less-than-truckload (LTL) category. As our John Schulz has been reporting over the past year, the overall LTL market has been less than profitable for many of the top carriers in this $27.5 billion sector, which has been plagued by overcapacity, high overhead costs, and staggering losses from its largest players.
As more attention is being paid to volatility in the supply chain, many shippers are reassessing their global sourcing and distribution strategies. Will multinationals retreat to a hemispheric, near-shoring model or opt for a hybrid that maintains an international component?
As Logistics Management readers know, the first half of 2011 marked a changed attitude among ocean carrier executives who voiced positions of compromise and a new service-oriented attitude. But now we’re not sure if ocean shippers are really buying it. We’ve gathered a trio of prominent association executives and industry insiders to hear their opinions on how the new “era of collaboration” is progressing. Our panel also weighs in on the potential impact the Panama Canal expansion will have on U.S. ports as well as the possible affect growing equipment and capacity constraints could have on this year’s Peak Season.